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Sunday, July 27, 2008

Fiat reveals Exclusive Ferrari 500


World's most famous Italian car maker Fiat reveals Ferrari 500; an ever time super mini car. This is an exclusive Fiat 500 Ferrari edition and could be the hottest one for coming days. This vehicle has been designed as a courtesy car for existing Ferrari owners. Just 200 will be made. Red paint and brake calipers, scarlet stitching for the leather trim and special edition badging are some of the main features of fiat 500. It has a standard 100bhp 1.4-litre engine. A tuned exhaust has been added to the structure. Fiat trying to improve their customer satisfaction rather than simply focusing on its model line-up. For that the senior officials are visiting the showrooms without intimation. Hope Ferrari 500 will rock the roads in future days.

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India - Global Hub for Hyundai's Small Cars

World's fifth largest auto maker Hyundai Motors, has decided to make India as its global hub for small cars. They have an obvious picture about the Indian car market. In future, India will be used for manufacturing and exporting of their small cars. Upcoming Hyundai i20 model, which will be introduced in September Paris Motor Show, will be exclusively manufactured in India. Now itself Hyundai is India's second largest car maker. Hyundai i10 was a new gift in the "A" segment and that was also manufactured in India only. They have not yet disclose the price of the new model in Indian market, but gave a hint that it will compete with Skoda Fabia and Ford Fusion. Their target for 2008 is 530,000 vehicles for the domestic and export market!

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Thursday, July 3, 2008

Used Car Market Report of India

The used cars market in India is about 1.14 million cars annually. Out of this, the planned market is about 10%. The unorganized second hand car sellers add up another 30% while the bulks, (up to 60%) used car sales in the country are purchaser to purchaser ones.

The most excellent selling cars in the used car industry are those very names, which have imprinted a place in the new car market. Naturally, well-liked hatchback models Maruti Suzuki Wagon R and Hyundai Santro are the bestsellers in the used-car market. These are pursued by MUV/SUVs like Toyota Corolla and Mahindra Scorpio. Sedans like Honda City and Toyota Corolla are also in high demand.

 

 

 
 

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